After months of speculation that the New York Knicks are getting ready to cut the cord and say goodbye to Carmelo Anthony. However, it appears that All-Star forward might not be leaving the Big Apple.

Knicks Will Hold Everything As Carmelo Anthony Staying Put

ESPN reports Knicks president Steve Mills says Anthony might remain with the team this season. Mills also said the Knicks won't pursue a buyout of the remaining years on Anthony's contract.

Mills was promoted to team president on Friday, the same day the Knicks officially announced the hiring of new general manager Scott Perry. Reports out of New York in recent days had Anthony willing to waive his no-trade clause for a deal to the Houston Rockets or Cleveland Cavaliers.

According to NJ, the Knicks originally acquired Anthony in a 2011 in-season trade with the Denver Nuggets. New York surrendered young contributors and draft picks in the deal, then re-signed Anthony to a max contract.

In Anthony's first three years with the club--including the season he arrived in the middle of the Knicks made the postseason. Anthony's high point in New York came during the 2012-13 season when the team made won 54 games and it to Game 6 of the Eastern Conference Semifinals against the Indiana Pacers.

Anthony made the Eastern Conference All-Star team in his first five full seasons with New York. His first season without an Eastern Conference All-Star selection was this year as trade speculation swirled.

In the summer of 2014, the Knicks re-signed Anthony to a five-year deal with a no-trade clause, severely limiting leverage in recent trade talks. Anthony is owed $26.3M in 2017-18 and holds a player option for the 2018-19 season.

New York Knicks' New Front Office Still Weighing Options

New president Steve Mills said Monday the Knicks have been talking to teams about a trade and will continue looking for a deal that works for the organization and its All-Star forward.

"But we also feel that Carmelo could easily be a part of our team next year, and we have to understand how we're going to play and what the expectations of how we're going to play, and we're going to move forward," Mills said. "So maybe with Carmelo or maybe without Carmelo."

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